Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >>   Daily News  >>   Indonesia News  >>   Trade  >>   Clinton urges tariff reduction in Indonesia
NEWS UPDATES Asean Affairs             25  July 2011

Clinton urges tariff reduction in Indonesia

Related Stories

June 21, 2011
Ranchers seek end to Indo cattle ban

June 18, 2011
Tax agreement ends Indo movie blockade

June 7, 2011
Export increase shows Indo FTAs working

June 1, 2011
Australian senator calls for ban on Indo cattle exports

May 25, 2011
Film stand-off in Indonesia

May 23, 2011
Asean food companies take on Indo market

US Secretary of State Hillary Clinton on Sunday urged Indonesia to cut tariffs, saying trade between the two countries lagged behind others in Southeast Asia.

She said the country of 240 million people was the biggest economy in the 10-member Association of Southeast Asian Nations (ASEAN) but its trade with the United States was well short of where it could be.

"While Indonesia is the largest economy in Asean, trade between our two countries lags behind others in the region," she said during a meeting with Indonesian Foreign Minister Marty Natalegawa and other officials.

"Last year America's trade with Indonesia surpassed $20 billion, but it hit $40 billion with Malaysia. So we want to collaborate on ways to reduce tariffs and other barriers."

Clinton on Saturday attended a gathering of Southeast Asian entrepreneurs alongside Indonesian Trade Minister Mari Elka Pangestu, at the end of a hectic week of regional diplomacy on the resort island of Bali.

She said Indonesia was a "natural choice" for a summit of young entrepreneurs, as a major democracy in a "dynamic region that is increasingly at the heart of global commerce and growth".

But she said its potential was being tied down by red tape and legal uncertainty.

"The United States wants to work with you to bring down these barriers," she said.

"That means reducing the time it takes to open a business here in this region... Improving the business climate by protecting intellectual property rights."

She cited rampant copyright piracy as a clear deterrent to innovation in Indonesia, a member of the G20 group of rich and developing nations.

"If you come up with a good idea, it should be protected so that you can then make the most of it and spin it off into who knows where it might go," she said.

At her meeting with Natalegawa, she noted Indonesian commitments to reduce its carbon emissions and said the United States wanted to work with Jakarta to "spur sustainable growth".

 


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below
Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code



 
Today's  Stories    25  July  2011 Subsribe Now !
• Clinton urges tariff reduction in Indonesia
Subcribe: Asean Affairs Global Magazine
• Indonesia increases seaweed production Asean Affairs Premium
• Indo bureaucracy limits number of professors
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

 
• Accountants leave Malaysia for higher wages
• Philippines central bank increases bank transparency
• New Thai government could lift inflation
• Budget tweaking could finance new Thai programs
• Thai economic plans falling into place p

Asean Analysis    25  July  2011

Advertise Your Brand
• Demonstrations point up Vietnamese shortcomings Sponsor Our Events

Asean Stock Watch    25  July  2011 

 
• Asean Stock Watch-June 25 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore
• Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline
• Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com